Earnings ·
Western Midstream Partners, LP reported second-quarter 2026 net income attributable to limited partners of $394.9…
WESWestern Midstream Partners, LP
Western Midstream Partners, LP reported second-quarter 2026 net income attributable to limited partners of $394.9 million and record Adjusted EBITDA of $736.5 million, a 19-percent increase year-over-year. The company announced a quarterly distribution of $0.930 per unit, payable on August 14, 2026, consistent with the prior quarter. Management raised full-year 2026 guidance for Adjusted EBITDA to a range of $2.75 billion to $2.95 billion and Distributable Cash Flow to $2.05 billion to $2.25 billion, citing strong first-half results and the recent Brazos Delaware acquisition. Additionally, Western Midstream issued $700 million in senior notes due 2036 to refinance acquisition-related borrowings and executed new gathering agreements in the Powder River Basin adding approximately 270,000 dedicated acres. The company operates in the midstream energy sector, providing natural gas gathering, processing, and transportation services.